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I think that there is a fairly small chance that bitcoin will become obsolete. yes at the moment it looks like that maybe what is happening because of the downward trend. but that is only the beginning of a new start. this investment product has a cyclical state that it will periodically go up and dowm from time to time. but i think that the technology to use and transfer bitcoin is developing at a fast rate and this will be the enabler for bitcoin, I think tat one day bitcoin will be the global currency.
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well there is only two tactics in any market situation, it is the bear or the bull investment strategy. with the market going down like this we need to go into bear mode and hold all the honey we have and be patient until the honey becomes more and then we can start being generous - selling - again. this is the time to be patient and even forget about this investment for some time. if you are a newbie then you will want to wait until the market hits rock bottom then rush in like a bull and go for the killer savings.
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I remember the first time I went to a zoo, I was very excited to see all the animals that I would not have been able to see because they are not in my country. But after sometimes I started feeling sad because I though that actually these animals are trapped and so far away from their natural habitats and family. So I decided that I do not like zoos and dont go to them. Then later on in life I went on a safari, which I love, I have been on a few more after that. The animals are just living their everyday lives in the wilderness, I wonderful experience.
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your actions in the current market situation will depend on whether you have invested in crypto currency or not. Its is a holders market at the moment, meaning that if you have bought bitcoins for example, then you need to stay put and keep your investments products in the market and then wait till the market eventually goes up again for you to then sell to make a profit. On the other hand, if you have not invested, then you really need to watch the market closely to see how far the market will go down so that you can but into the market at the lowest price possible.
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well for many it is just not realistic to save up the whole amount to buy a house cash. prices on houses are going up yearly and by the time you have saved the desired amount you will find its not enough because prices have risen again, so that is why many people go for mortgage loans. But if you take something well with in your means and have enough money at the end of the month then I would suggest to invest in other assets such as bitcoin or other real estate properties. In any case you need to be patient and determined if you want to well off.
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i think people continue to invest in bitcoin is because so many people are still interested in it. many people still want to buy bitcoin, but because the market is going down at the moment people are waiting to see if it goes back up again then will probably buy. bitcoin is for holders, its a long term investment, so people buy will then keep it for years before selling it. But people are different, their financial situations are different and their financial goals vary. Bitcoin is still very popular and therefore every one wants a piece of the pie.
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bitcoin should be used as a holding investment - meaning that you should not trade it for at least a few years. I think that the main panic mania comes from those people that invest in bitcoin as a quick cash cow, but unfortunately that is not the correct strategy when it comes to bitcoin. by looking at performance history we can see that there is a gradual increase and decrease over time. once you understand this you will be more confident and calm in the fluctuation of bitcoin.
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It's like the title, can someone just simply told me what the different about bitcoin and bitcoin cash and i was read some articles that bitcoin cash is an upgrade of bitcoin than why don't people invest in bitcoin cash instead of investing bitcoin?  On August 1, 2017 bitcoin was divided into two parts. One of these two parts is the usual bitcoin (Bitcoin), the same as it was before, before this division. And the other part is completely new, but at the same time it's a bit like the ordinary bitcoin currency, called bitcoin cash. Bitcoin Cash differs from Bitcoin in that Bitcoin Cash can have blocks of up to 8 megabytes in size. The purpose of the change is to confirm the transactions more quickly and to include more transactions in the block. So, Bitcoin and Bitcoin Cash are two different crypto-currencies. There are four main differences. So, the first difference is the 8 times bigger block size in the blockroom. As the creators of the new digital money themselves believe, a larger size will contribute to an increase in the number of transactions. The second difference is the rapidly changing complexity. Miners respond faster to changes. The third difference is the appearance of a new type of transactions, in which you can specify the amount of payment. And the fourth difference - enhanced protection against the erasure of transactions and their repetition. I hope this information will be useful to you. |
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To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:
There is NO good, easy, risk free money, that is available for everyone.
If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.
If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesn't matter if You are being scammed with money, electricity or just waste of time. It also doesn't matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.
What you write about is fair for all ways of making money. I mean, believing in stability in our world is self-deception. Even the inheritance can depreciate due to inflation, the business can cease to be profitable, one can be fired from work (or can be replaced by a robot)).
Crypto currents frighten people, because it is something completely new, but if you think about it, it's the only way that humanity has always developed. All new technologies were perceived ambiguously or negatively.
All that you should always remember - before you start investing in bitcoin, do not forget about the risks. A common rule for all investors is not to buy bitcoin for the last money. In case there was a collapse in the market and the military-technical cooperation fell in price - do not sell all the currency for a pittance. Try to store bitcoin until the course grows.
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For me it's clear, from the moment BTC went to the Dow it slide down and be played by the big boys.
More and more we see up's and down's controlled by some big players between 6000 and 7500.
Alt coins are following that vibe, and some step out the line but be pushed in the direction the big players want.
I ask myself who is behind it, are governments behind it that not like the BTC and want it pushed down to get people frustrated.
So frustrated that many of us, get sick and tired of the up line pushed down already few time around 7400.
Ofcourse we are human, and after some push down's, we want to be strong and not give up.
But we also not want to be that person that miss the boot, where the rest break and sell the BTC.
It's almost 12 o clock when this price will go up around 7400 again, and drops down again i see a huge drop coming.
And the faith in going up higher, will be lost more and more. And that is what they want.
So what are you going to do ? Am I wrong ? It's massive indoctrination dunn by huge selling dumps.
We have 2 options Guys, let them play with us and let them win.
Or show them that BTC is much stronger then some Jealous scary Government, they need to be stopped.
We can only win this battle if you leave your finger off the Sell button.
Succes gr Bas sorry for shitty English
I can not imagine the future without bitcoin. The technology of blockchain will work in all spheres of life. Therefore, I am not at all worried about market fluctuations. The market trends even please me. Any experienced investor will say that a drop in prices in the market is an excellent opportunity to acquire an asset at a low price in anticipation of growth. Right now and in the coming months I plan to buy as many crypto currencies as i can. |
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Competition among nations has been in existence over the years, competition like soccer is a leading competition among nations, sometimes I wonder the reason why we must compete internationally, in a closer look at it I came to realise that this competitions helps to maintain peace and unity among nations by bringing them together to do a thing in common. But I think they must be other reasons for this competition which am yet to find out. What do u think is the reason?
You are right, international competitions strengthen friendship between peoples, create new ties, peoples learn more about the lives of others. In addition, sports competitions are very unifying the nation. All disagreements disappear when all citizens together are becoming fans for athletes from their own country. |
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